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HealthcareMedium impactPre-market

Fortis to invest ₹840 cr for new Bengaluru hospital

pre-market1 source ↓written by the desknot a recommendation

to establish
₹840 cr
hospital in Bengaluru
300+ bed
acquisition of People
₹430 cr

Fortis Healthcare plans to invest ₹840 cr to establish a 300+ bed hospital in Bengaluru. This follows the ₹430 cr acquisition of People Tree Hospital in Yeshwanthpur, enhancing its operational capacity in the region. The investment is expected to strengthen Fortis' foothold in the healthcare sector, potentially boosting market sentiment.

• Acquisition includes hospital building and land

• Adjacent land parcel of ~0.8 acres acquired

• Transaction subject to customary adjustments

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 22 Dec 2025, 07:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

FORTIS closed +2.6% on the day of the news, from ₹890.90 to ₹914.15; Nifty +0.8% over the same session; futures OI −3.8%.

Bulletin at 07:02 IST on 22 Dec 2025. Every change is measured from ₹890.90, the last close before it, on 19 Dec. Nifty 50 is measured over the same sessions.

  • FORTIS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
FORTIS closes around the bulletin against the close before the news, with Nifty 50 rebased to it771.88890.901010axis spans 31%before the news · 19 Dec890.90Nifty 50FORTISbulletinD0+1+3+515 Dec26 Dec6 JanFutures open interest, lotspeak 19,000Reference close ₹890.90. 16 sessions from 15 Dec to 6 Jan; the price axis spans 31 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Dec₹890.90basebase
On the day22 Dec₹914.15▲ +2.6%▲ +0.8%+1.8 pp difference
+1 session23 Dec₹901.60▲ +1.2%▲ +0.8%+0.4 pp difference
+3 sessions26 Dec₹902.40▲ +1.3%▲ +0.3%+1.0 pp difference
+5 sessions30 Dec₹878.80▼ −1.4%▼ −0.1%−1.3 pp difference
Gap at the open, % · ₹
▲ +0.9%+8.02 on 22 Dec
Day's range, % · ₹
2.6%≈ 24 high to low
Volume on the day
0.48×the 20-session average
Futures OI on the day
▼ −3.8%−680 lots · short covering · price +2.6%
Futures OI open, lots
17,00022 Dec · 30 Dec expiry
Futures premium, ₹
−0.400.0% to spot
Puts per call, by OI
0.52from 0.48 the session before
Max pain
900from 900 the session before

Source NSE UDiFF bhavcopy · FORTIS on the desk →

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